📢 TDS on Rent Revised – From 01.04.2025
💼 Now applies only if monthly rent > ₹50,000
📉 Earlier: TDS if annual rent > ₹2,40,000
✅ Tenants paying ≤ ₹50K/month = No TDS deduction
👥 Applies to rent paid to residents
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#TDSonRent #FinanceUpdate #IncomeTaxIndia #TaxCompliance #Section194I #TDSUpdate #TaxSimplification #Finance2025 #TaxPlanning #TaxDeductions #TDSRules #globaljurix
Important Update: Effective 1st October 2024, TDS rates have been revised for various payments under sections like 194DA, 194G, 194H, and more. Ensure you’re informed and updated! #TDSUpdate #TaxCompliance #FinanceUpdates #TaxAlert #IncomeTax